ICHRA vs. Group Plans: Which is better?

Is ICHRA better than a traditional group plan? In many cases yes. This innovative health insurance model is a superior option compared to traditional[…]

Comparing ICHRA vs. QSEHRA, what is best for your business?

As a small business owner looking to offer health coverage for the first time or wanting an alternative to traditional group health insurance a Health[…]

What is a Section 125 Cafeteria Plan?

Section 125 of the Internal Revenue Code, also known as a “Cafeteria Plan” allows employees to pay certain expenses on a pre-tax basis, such as insurance[…]

“Who Moved My Cheese” …..again!

The new kind of group health plan: an Individual Coverage Health Reimbursement Arrangement, ICHRA (pronounced ICK-ra).

What can be reimbursed by a QSEHRA or an ICHRA?

A Health reimbursement arrangement (HRA) is a employee benefit growing in popularity that can be used to reimburse employees for individual health[…]

What is a Health Reimbursement Arrangement?

In this video we help you understand the reimbursement model of health insurance. We will answer the question, "How does a health reimbursement[…]

Offer easy and affordable employee benefits for the first time.

Check out the new HRA solutions available for your employees As a small business owner you may have always thought providing employee health care coverage[…]

Combine your ICHRA with a Cafeteria Plan for maximum tax advantages.

Both employers and employees benefit by paying lower taxes to help keep health care costs more affordable. In some instances, the savings can be[…]

Why Employees Love Health Reimbursement Arrangements: 4 HRA Benefits for Workers

A Health Reimbursement Arrangement (HRA) is an employer-funded health benefit account that reimburses employees for out-of-pocket medical expenses – and[…]

What Is an HRA? Understanding Health Reimbursement Arrangements

For many companies and individuals, navigating the complicated landscape of employer-provided health benefits can be confounding. At Benafica, we’re here[…]